Kimbell Royalty Partners is capitalizing on record oil, gas, and NGL volumes, with revenue surging 46.6% year-over-year to $126.9M in 2026Q2, while maintaining a low-cost royalty model that generates robust free cash flow (FCF margin of 53.8%).
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.12-51.5% vs $0.25 | $86M-17.3% vs $104M |
Q3 2026 Aug 7, 2026 | $0.40+73.5% vs $0.23 | $112M+20.4% vs $93M |
Q2 2026 May 7, 2026 | $0.04-82.6% vs $0.23 | $83M-8.2% vs $90M |
Q1 2026 Feb 26, 2026 | $0.21+50.0% vs $0.14 | $82M+7.3% vs $77M |
Kimbell Royalty (KRP) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.
Record Q3 2026 Daily Production of 27,565 Boe/d (6:1) Kimbell Gave Notice to Redeem 50% of the Remaining Series A Cumulative Convertible Preferred Units (the "Preferred Units"); After Closing, the Remaining Outstanding Preferred Units Will Be Less Than 3% of Kimbell's $2.8 Billion Enterprise Value 1 Borrowing Base and Elected Commitments on Kimbell's Secured Revolving Credit Facility Increased from $660 Million to $750 Million Activity on Acreage Remains Robust with 93 Active Rigs Drilling Representing 16% 2 Market Share of U.S. Land Rig Count, an Increase of 2 Rigs from Q2 2026 and Record Line-of-Sight Wells Announces Q3 2026 Cash Distribution of $0.45 per Common Unit FORT WORTH, Texas, Nov. 5, 2026 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Partnership"), a leading owner of oil and natural gas mineral and royalty interests in more than 137,000 gross wells across 28 states, today announced financial and operating results for the quarter ended September 30, 2026. Third Quarter 2026 Highlights Record Q3 2026 daily production of 27,565 barrels of oil equivalent ("Boe") per day (6:1) Includes 41 days of production from the Company's $221.2 million Drop Down acquisition (the "Acquired Production"), which closed on August 21, 2026 with an effective date of June 1, 2026 Following the closing of the Acquired Production on August 21, 2026, run-rate production was 28,910 Boe per day (6:1) Q3 2026 oil, natural gas and NGL revenues of $96.9 million Including the Acquired Production from the effective date through September 30, 2026, Q3 2026 oil, natural gas and NGL revenues were $104.6 million Q3 2026 net income of approximately $17.3 million and net income attributable to common units of approximately $12.4 million Q3 2026 consolidated Adjusted EBITDA of $80.4 million Including the Acquired Production from the effective date through September 30, 2026, Q3 2026 consolidated Adjusted EBITDA was $87.5 million On October 15, 2026, the borrowing base and elected commitments on Kimbell's secured revolving credit facility increased from $660 Million to $750 Million On October 16, 2026, Kimbell gave notice to redeem 50% of the remaining Preferred Units.
Five smaller dividend stocks are quietly paying above 6% right now, but the headline yield is the least interesting thing about them.
KRP gears up for Q3 2026 earnings, with higher oil prices and strong revenue growth estimates in focus.
Benchmark KRP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Kimbell Royalty Partners, LP (KRP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $15.15 | $1.49B | 23.13 | 7.46% | 22.61% | 10.33% | 9.4% | |
| $40.62 | $14.62B | 28.55 | 56.56% | 12.34% | 2.66% | 5.67% | |
| $272.36 | $18.79B | 32.00 | 13.09% | 60.71% | 36.22% | 0.79% | |
| $27.53 | $1.33B | 12.85 | -5.38% | 50.25% | 35.01% | 10.06% | |
| $13.98 | $2.97B | 12.18 | -3.89% | 48.31% | 22.18% | 9.65% | |
| $22.84 | $2.48B | -5.16 | -3.18% | -22.47% | -24.26% | 7.64% |
Kimbell Royalty Partners, LP (KRP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Kimbell Royalty Partners, LP (KRP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 7, 2026·SEC
Jul 17, 2026·SEC
Jun 23, 2026·SEC
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Kimbell Royalty Partners, LP (KRP) stock FAQ — growth, dividends, profitability & financials explained
Kimbell Royalty Partners, LP (KRP) reported $373.8M in revenue over the trailing twelve months. Revenue was $333.8M in fiscal year 2025. That is 6554% more than the $5.0M of fiscal year 2013.
Kimbell Royalty Partners, LP (KRP) grew revenue by 13.9% over the trailing twelve months, compared with the twelve months before.
Yes. Kimbell Royalty Partners, LP (KRP) earned $84.5M in net income over the trailing twelve months (a 22.6% net margin).
Yes. Kimbell Royalty Partners, LP (KRP) pays a dividend that yields 9.40% at the current price, a high yield.
Kimbell Royalty Partners, LP (KRP) had a return on equity (ROE) of 10.3% over the trailing twelve months. That is in line with the market's typical 10-15%.
Kimbell Royalty Partners, LP (KRP) generated $232.6M in free cash flow over the trailing twelve months.
